annual general meeting 2020 - net insight€¦ · customers like telstra and arqiva the open,...
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![Page 1: Annual General Meeting 2020 - Net Insight€¦ · customers like Telstra and Arqiva The open, all-IP and virtualized portfolio will complement and strengthen the existing offering](https://reader033.vdocuments.us/reader033/viewer/2022050421/5f8fee942724e41d9823c711/html5/thumbnails/1.jpg)
Annual General Meeting 2020
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CEO presentationAnnual General Meeting
Crister Fritzson, CEOMay 8th, 2020
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Agenda2019 in brief
Q1 results
First reflections
Q&A
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2019 in brief
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Reduced cost base
Improved transparency, incl. segment reporting
Divestment of Sye to Amazon
Increased focus on the core Media Networks
business
Accelerated development efforts
Adopted an open standards strategy
Launched cloud-based solution Nimbra Edge
Increased focus on recurring revenue
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Remote production case: Enterprise live production
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Produce and distribute live corporate events seamlessly across the world
Leverage Internet- and cloud-based media transport
Tangible advantages:
Cost savings Quality and consistency of productions
Mountain View, CAMedia operations team
Sunnyvale HQ, CAVideo production studios
New York City, NYVideo editorial team
Dublin, IrelandEMEA HQ
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Sye divested to Amazon Agreement in December 2019 to sell the
Sye streaming solution for 350 MSEK- A strong evidence of Net Insight’s ability to
develop world-class solutions for video transport
Competencies gained while developing Sye will continue to benefit Net Insight
- For example, competencies relating to virtualized software solutions and cloud-based technology
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Cloud-based solution Nimbra Edge –Customer benefits
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Easy to use and installClick control, simple cloud
implementation
Reduce cost
Lower cost vs. alternatives (e.g.
satellite)Optimize cloud
cost (use own or public cloud)
Open
Any hardware and supporting open
transport standards
(e.g. RIST, SRT and Zixi)
Cost control
Unique, pay-per-usage price
model
Nimbra
A recognized brand for best in class transport
Reuse of existing infrastructure
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Agenda2019 in brief
Q1 results
First reflections
Q&A
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Q1 summary Net sales of 94 (109) MSEK, -13% vs Q1-19 Operating earnings of 8 (-4) MSEK, driven by positive FX impact Acquisition of product assets from Aperi Corporation ScheduALL with a positive trend and increasingly run as a
separate unit Positive traction with cloud-based solution Nimbra Edge
- Strategic growth priority- Development progressing as per plan- First deal with large North American customer
Covid-19 having a major impact on the results for the quarter. Actions taken to mitigate the financial effects
Immediate priority to set the internal foundation and direction, followed by accelerated growth in core business
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Aperi acquisition
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In line with the strategy to grow the core Media Networks business, Net Insight acquired the Aperi product portfolio for 13 MSEK
- Installed base and relationships with large Tier1 customers like Telstra and Arqiva
The open, all-IP and virtualized portfolio will complement and strengthen the existing offering
- Improved ability to compete for more use cases, for both existing and new customers
Strengthen US presence via Aperi’s R&D team and California office
After the close of the quarter, the first smaller Aperi order was received
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Capital re-distribution
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As communicated in the Q4-19 report, our intention was to propose a capital redistribution
As a result of the ongoing Corona pandemic, and per communication in the press release on March 30th, the Board has not proposed any capital redistribution to this Annual General Meeting
Given the current uncertainty in the market, decisions on the forms and timing of a capital redistribution will be pushed forward in time
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Agenda2019 in brief
Q1 results
First reflections
Q&A
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My first reflections
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Strong team with leading tech capabilities
Attractive market fundamentals (post Covid-19)- Positive outlook for live sports- Trends towards quality (Tier1 live sports), and
flexibility/cost (lower Tiers)- Favourable trends like remote production and cloud-
based transport
Competitive solutions offering- Superior on quality, reliability and operating costs
Key focus to accelerate growth
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Very strong customer base
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Next steps in the Net Insight journey
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Phase 1: Set internal foundation and direction
Phase 2: Grow share and reach full potential in core markets
Phase 3: Expand and grow in adjacent market segments
Structure and processes
Growth strategy
Vision and Purpose
Culture
Commercial excellence
Strengthen and complement the product portfolio
Grow share-of-wallet with existing customers
Win new customers in core segments
Develop business models
Grow the open cloud solution (Nimbra Edge)
Grow new application areas (e.g. enterprise solutions)
Partner program (resellers and strategic partners)
Evaluate and prioritize adjacent market segments
Expand solutions offering to existing customers
Partner program (resellers and strategic partners)
Targeted M&A
DRAFT
Time
Impact
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Agenda2019 in brief
Q1 results
First reflections
Q&A
15
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Q&A
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CEO presentationAnnual General Meeting
Crister Fritzson, CEOMay 8th, 2020